LE4 7PG - Commercial property for sale in Melton Road, Leicester, LE4

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Commercial property for sale in Melton Road, Leicester, LE4

Summary - 45 45 Melton Road, Leicester, LE4 LE4 7PG

1 bed 1 bath Commercial Property

**Standout Features:**
- Mixed-use property: ground floor commercial unit and first-floor residential flat.
- Freehold sale with tenants currently in place, providing immediate rental income.
- Prime location on a busy commercial street, ensuring strong foot traffic.
- Currently occupied as a Portuguese supermarket with a lease until 2037.
- Spacious first-floor flat with four bedrooms, modern kitchen, and shared shower room.

**Notable Concerns:**
- Mortgage lenders may refuse to lend due to 13 years left on the lease.
- Requires modernization to maximize rental potential.

This mixed-use property offers an attractive investment opportunity in a highly sought-after location. The versatile ground floor, currently operating as a Portuguese supermarket, spans approximately 527 sq ft and benefits from a long-term lease, ensuring consistent rental returns. Upstairs, a spacious four-bedroom flat, covering around 925 sq ft, provides a comfortable living space, ideal for families or as a rental asset, with modern amenities that enhance its appeal.

Nestled in a bustling area, this property guarantees good visibility and prospects for various retail ventures, making it perfect for savvy investors looking to capitalize on the local economy. However, potential buyers should be aware of the existing lease's implications on financing. Additionally, the property may require some modernization to unlock its full potential. With excellent local amenities and proximity to well-rated schools, this mixed-use gem is not just a property; it's a lifestyle investment awaiting your personal touch. Don’t miss out on this unique opportunity!

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